On October 1, 2025, Jewelry Specialists, Inc. made a loan to one of its customers. The...

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On October 1, 2025, Jewelry Specialists, Inc. made a loan to one of its customers. The customer signed a 9-month note for $140,000 at 13%. Calculate the total interest earned on the note. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) On October 1, 2025, Jewelry Specialists, Inc. made a loan to one of its customers. The customer signed a 9-month note for $140,000 at 13%. Calculate the total interest earned on the note. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

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Certainly Heres how to calculate the total interest earned on the note 1 Convert Interest Rate ... View the full answer